Predator Oil & Gas Share Discussion Threads

[soulsauce] 28/5/2019 18:24

Yes very poor show by the company. I had told myself that if it dropped back to the 7s again I would get in this time. Luckily I held off.

As someone else said, why use these methods.

[2prsimo] 28/5/2019 16:13

The boss here has shown himself to be naïve in the extreme - the company need to get out of this funding arrangement asap and do a proper equity fundraise via a plain vanilla placing.

[mikeh30] 28/5/2019 16:05

A death spiral funder with no information on the web. Sounds legit

[rocketfuel1] 28/5/2019 16:03

Last person do the thing with the lights

[mikeh30] 28/5/2019 15:54

Who are Arato Global Opportunities?There is no information I can find on a quick search.

[taxibabe] 28/5/2019 15:33

stupid deal and casts doubt on the credibility of their assets

[mikeh30] 28/5/2019 15:32

https://m.youtube.com/watch?v=cbuvg8PvcFcI reckon that's what it like discussing death spiral funding

[jungmana] 28/5/2019 15:27

More pain to come as only 350k of the total loan of GBP 1.5m had been converted as of today.

[mikeh30] 28/5/2019 15:22

650k shares sold only another million or so till the next conversion at 90% of whatever they screw it down to

[taxibabe] 28/5/2019 15:10

yeah its fked

[jungmana] 28/5/2019 15:10

That 375k is a sell reported an hour later. Probably them

[jungmana] 28/5/2019 15:02

Same here sold last lot at 10p and on the sidelines now

[mikeh30] 28/5/2019 14:42

AURA pulled the same s hi t. Disgraceful funding that puts shareholders at the bottom of the list. Any strength on news will be sold into unfortunately. I will wait till death spiral is paid off before reinvesting here

[jungmana] 28/5/2019 14:37

I cant understand why any ceo would go for such a funding scheme instead of a simple placing. all these conversions do is drive the share price lower as they drip feed the shares and keep converting at lower prices.
the coversion price is set at 90% of average share price over the previous 3 trading days prior to conversion.

[mikeh30] 28/5/2019 14:22

Another company with prospects done over by what is effectively a death spiral funding

[jungmana] 28/5/2019 13:54

These conversions driving the share price down recently. Today's one is about 5.9p price

[taxibabe] 28/5/2019 13:47

More shares likely to be sold groan

[hulltiger] 23/5/2019 09:31

Latest from Paul

[croasdalelfc] 22/5/2019 07:22

Tendara for sale - Sound energy

[tinker10] 20/5/2019 10:01

I use iweb-sharedealing, never had a problem with them.

[hulltiger] 19/5/2019 19:23

Hello mate I use XO Trading . no problems at all and I also have an ISA and TTrading Account.with them.

[carlsagan1] 19/5/2019 17:33

ii have decided to up there fees again, been on my todo list to leave them for a while now.

Recommendations for a cheaper broker?

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

£9.99 a month regardless if I trade is a rip off, and the trade "credit" they give you expires after 90 days.